Real Estate Sales Exam by LearningExpress Editors

By LearningExpress Editors

With the intention to turn into an authorized actual property salesclerk in such a lot states, applicants needs to move a true property revenues examination. There are a number of varied tests that verify the data and alertness of nationwide genuine property legislation and practices. This publication is suitable to be used in all 50 states. Designed to aid all applicants who have to arrange for this significant examination, this research reduction comprises four entire perform tests, a true property refresher path, a true property math evaluation, a true property thesaurus, in addition to a loose CD-ROM.

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Now it’s time to take charge of external factors, like the testing site and the materials you need to take the exam. Find Out Where the Exam Is and Make a Trial Run Do you know how to get to the testing site? Do you know how long it will take to get there? If not, make a trial run, preferably on the same day of the week at the same time of day. Make note, on the worksheet Final Preparations on page 28, of the amount of time it will take you to get to the exam site. Plan on arriving 30–45 minutes early so you can get the lay of the land, use the bathroom, and calm down.

Graduated payments. b. the consumer price index. c. a fixed rate. d. a cost-of-living index. 3. FHA mortgage insurance premium is calculated at a rate of ᎏ12ᎏ% annually. How much is the premium for the month in which the remaining principal owed is $92,347? a. 05 b. 00 c. 48 d. 17 8. The buyer of a cooperative apartment receives shares in the cooperative and a a. proprietary lease. b. bargain and sale deed. c. joint tenancy. d. limited partnership. 9. A lender is providing 90% of the financing for a new house.

A. put the check in the deal file and turn it over to the closing agency when it closes b. put the check in his company’s escrow account c. put the check in his company’s operating account d. put the check in his personal account 84. When may a broker functioning as an intermediary appoint one licensee to communicate with the seller and another licensee to communicate with the buyer? a. when in the judgment of the broker it is best to make such appointments b. when written permission to do so has been obtained from the parties c.

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